Frequently Asked Questions About DZK

What does DZK invest in?

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MSCI EAFEÂ Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure the performance of large- and mid-capitalization companies across the 21 developed market countries around the world, excluding the U.S. and Canada. The fund is non-diversified.

What is the expense ratio of DZK?

Direxion Daily MSCI Developed Markets Bull 3X Shares (DZK) charges an expense ratio of 1.16%. This is the annual fee deducted from fund assets to cover management and operations.

Is DZK a good long-term hold?

DZK is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does DZK's daily reset work?

DZK rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is DZK?

Direxion Daily MSCI Developed Markets Bull 3X Shares (DZK) manages $9.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DZK actively managed or an index fund?

DZK's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

DZK (Direxion Daily MSCI Developed Markets Bull 3X Shares) is no longer actively trading.

This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.

DZK

Direxion Daily MSCI Developed Markets Bull 3X Shares

AMEX·Asset Management, Leveraged · Financial Services

$44.21$0.28+0.64%

Market closed·Oct 16 8:00 PM UTC

Price Chart

$44.21+$0.28 (+0.64%)today

+0.00%

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FromTo

Dec 17, 2008Aug 25, 2021 → Aug 25, 2026· 5.0 yrsAug 25, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)—

Distribution Yield (FWD)—

Annual Distribution (TTM)—

Distribution Yield (TTM)—

Distribution Growth (5Y)—

FrequencySemi-Annual

Most Recent—

Ex-Dividend Date—

Payment Date—

DiversificationDiversification Tab

Holdings2

Top 10 Weight—

Top 25 Weight—

Effective Holdings—

Sectors11

Largest HoldingGS.TO · 0.0%

Largest SectorFinancial Services · 18.5%

Asset ClassEquity

StrategyLeveraged

Cost & RiskExpenses Tab

Expense Ratio1.16%

Cost per 10k Invested$116

AUM$9.55M

Avg Daily Volume4.23K

Price$44.21

NAV$44.58

Premium / Discount−0.83%

52-Week Range$17.33 – $71.48

Beta2.48

Fund Overview

Cost Verdict

Is DZK's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: Direxion
Asset Class: Equity
Strategy: Leveraged
Inception: January 2, 2009
Fund Type: ETF
Domicile
Currency: USD
ISIN
CUSIP

Peers

Peers Tab

ONG

Leverage Shares 2X Long ON Daily ETF

Cap

$62.0K

DPK

Direxion Daily MSCI Developed Markets Bear 3X Shares

Cap

$11.2M

MNM

Direxion Daily Metals & Mining Bull 2X Shares

Cap

$8.2M

Latest News

News Tab

No recent news available.

Frequently Asked Questions About DZK

What does DZK invest in?: The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the MSCI EAFEÂ Index. The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure the performance of large- and mid-capitalization companies across the 21 developed market countries around the world, excluding the U.S. and Canada. The fund is non-diversified.
What is the expense ratio of DZK?: Direxion Daily MSCI Developed Markets Bull 3X Shares (DZK) charges an expense ratio of 1.16%. This is the annual fee deducted from fund assets to cover management and operations.
Is DZK a good long-term hold?: DZK is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.
How does DZK's daily reset work?: DZK rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.
How big is DZK?: Direxion Daily MSCI Developed Markets Bull 3X Shares (DZK) manages $9.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
Is DZK actively managed or an index fund?: DZK's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.